1629 E Lakeview Ave
Pensacola, FL 32503
- – beds
- – baths
- – sqft
- 1947 build
- – on site
Welcome to the epitome of opportunity in East Hill! Discover a rare gem in this vibrant neighborhood, featuring three distinct properties on a single expansive lot, offering unparalleled potential for savvy investors or those seeking multifamily living options. Situated in the desirable East Hill neighborhood, this property is surrounded by parks, shopping, and dining options, enhancing its appeal to potential tenants and short-term guests alike. Main House: The centerpiece of this property is a charming main house with two bedrooms and two baths, with the possibility to expand by converting the existing sunroom into a third bedroom. Duplex Units: Adjacent to the main house, you'll find a fully-furnished duplex, each unit boasting a generously sized bedroom and bathroom. These units have a proven track record as successful short-term Airbnb rentals, providing immediate and lucrative income potential. Investment Highlights - Turnkey Income: All three units are currently leased and ready to generate rental income from day one. Proven Success: These units have a history of high occupancy, and the duplex units have operated as successful short-term Airbnbs with positive reviews in the past. Expansion Potential: The main house offers the opportunity to increase its value by adding an extra bedroom. Multi-Property Package: Diversify your portfolio with three separate rental opportunities on one lot. High Demand Area: East Hill's vibrant community and amenities make it a sought-after location for both long-term tenants and short-term visitors. NEW roofs installed July 2024. Online estimates do not accurately reflect the duplex on the property. Don’t miss out on this exceptional opportunity to own a piece of East Hill's charm and maximize your investment potential!
Listing courtesy of PAR / 1st Class Real Estate Gulf Coast
Last checked:
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Last updated Nov 18, 2024
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MLS# 644420 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1947
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Roof:Shingle
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Building Area Total:2772
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Building Area Units:Square Feet
Interior
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Interior Features:Sun Room
Room Dimensions
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Living Area Units:Square Feet
Location
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Directions:FROM CERVANTES, NORTH ON 17TH TO LAKEVIEW. CORNER OF 17TH AND LAKEVIEW.
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Latitude:30.435175
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Longitude:-87.19777
The Property
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Parcel Number:000S009025009232, 000S00902500
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Property Type:Residential Income
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Property Subtype:Other
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Lot Features:Corner Lot
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Lot Size Units:Acres
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Horse:false
Listing Agent
- Contact info:
- Agent phone:
- (858) 776-7872
- Office phone:
- (850) 637-8622
Taxes
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Tax Legal Description:LTS 9 10 BLK 232 NEW CITY TRACT OR 4503 P 382 CA 38
Heating & Cooling
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Heating:Natural Gas
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Heating:true
Utilities
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Electric:Circuit Breakers
Schools
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Elementary School:Oj Semmes
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Middle Or Junior School:Workman
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High School:Pensacola
The Community
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Subdivision Name:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/2/24
Nov 2, 2024
|
Price Changed | PAR | $734,000 | -1.3% |
8/28/24
Aug 28, 2024
|
Price Changed | PAR | $744,000 | -0.7% |
8/13/24
Aug 13, 2024
|
Listed / Active | PAR | $749,000 |